Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
30 January 2025 | 26 replies
Narrow your top cities, build a local team, and refine your financial analysis to position yourself for success.Good luck!
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
At a high level, the system ingests raw documents from the recorder's offices, building permits, zoning permits, market data, and other auxiliary datasets.
Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 replies
You want to have your financial house in order so you know what you CAN afford and what you SHOULD spend.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
As important as due diligence, analysis, knowledge of the property type, track record of the syndicator, correctly predicting economic trends, and timing is, the number 1 way to avoid a devastating loss is NEVER INVEST MORE THAN 10% OF YOUR INVESTABLE ASSETS IN ANY ONE DEAL.
Jason Lopez
Do I need an LLC for my rentals?
31 January 2025 | 9 replies
Build a financial history with your LLC.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Fred Scott
Feedback for Sunrise Capital Investors
29 January 2025 | 10 replies
We’re an MHC syndicator based in San Diego with a 15-year track record of strong performance.
Burke Atkerson
Excited to finally join the community!
13 January 2025 | 4 replies
I believes that well-planned real estate investments can open the door to financial freedom and generational wealth.Welcome!
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.